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20121205
20121213
Search Results 0 to 8 of about 9 (some duplicates have been removed)
for europe. the european union collect the nobel peace prize in oslo. >> the thousands of jobs under threat. carmaker opel halts production at one of its biggest plants in germany. >> and will he or won't he -- mario monti's back and forth on resignation casts uncertainty over italy's economic and political future. >> we begin the show with what has been a day of celebration for the european union. >> the three senior figures representing the eu have been in the norwegian capital, oslo, to collect the nobel peace prize. it was awarded to the 27-member bloc for six decades of promoting peace, democracy, and human rights. >> however, not everyone is happy. some have asked whether the price is justified at that time when the eu is mired in economic and financial -- the prize is justified at that time when the eu is mired in economic and financial crisis. desmond tutu says it is an organization based on military force. >> coveted award was accepted with pride by the eu's 3 president, martin schulz, herman van rompuy, and jose manuel barroso. the standing ovation they received was a rare accolad
. >> one key part of the plans is the creation of a banking union. finance ministers were supposed to be discussing the first steps to building such a union today, but the talks collapsed without progress. the discussions are very contentious, mainly because of the devolution of national powers to brussels. our correspondent has been following the talks and explained why they collapsed. >> another meeting on this next question, another failure. basically, the differences between member states were not healed. on the one side, you've got germany being very questioning about the central core idea, which is that the european central bank will become the supervisory body for the whole euro banking area, insuring heavy capitalization of banks to bolster them against future economic shocks. germany does not think that is necessarily the right body to do it. it certainly does not think that all 6000 banks in europe should be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking,
discussions here, especially on the outline we put forward, show that the christian democratic union is a foundation for a strong germany, a journey in which everyone gets a fair chance -- a germany in which everyone gets a fair chance. >> the party has rallied behind her ahead of next year's election, including traditional conservatives who have been could assert -- critical of her positions at times. >> we would be foolish not to take advantage of the recognition that the chancellor and joyous -- chancellor enjoys. >> the party did make some changes to the line up behind the chancellor with a re- shuffle of the executive board. >> there are a lot of new faces, women, people with immigrant backgrounds. i am happy that our party is now more reflective of our country's diversity. >> chancellor merkel can rest assured that her party is behind her. even before the campaign begins in earnest, she will have our hands full with the eurozone debt crisis and other problems -- have her hands full with the eurozone debt crisis and other problems. >> protesters clashed with mohamed morsi's supp
targets with regard to the european union. i am not sure we can agree on it tonight, but we will probably have a procedure that would allow us to raise the level of ambition within the next couple of months. >> thanks for joining us. another moment of truth for athens -- when greece finds out weather its author -- offer to repurchase debt from private investors has paid off. that will help trigger the release of more rescue funds that greece so desperately needs to stay afloat. >> athens has offered to pay 10 billion euros to holders of its sovereign debt at a buyback value of up to 40 cents per euro. to be successful, the sale has to cut a greek national debt by 20 billion euros. news from athens made investors nervous this friday. our correspondence sent us this report from the frankfurt stock exchange. >> the suspense on the stock trading floor that weather or not the creditors of greece would take part in the debt buyback was too much for many investors. they decided to take some of the book's profits and sell shares. shares of deutsche telekom were the biggest dax losers. in order to
union. after all, we would be the beneficiary. >> the volunteers are being prepared for guerrilla warfare. support from behind the lines for 3000 strong in african forces. military intervention has not been decided on yet. peaceful options are still being explored in order to prevent civilians being caught in the crossfire. >> and the reporter was in mali until a few days ago before they joined us in kenya. we asked if military intervention could end the conflict in northern mali. >> it may take quite some time. until now, there has not been a clear vote from the security council in the united nations. the 3300 soldiers of the west african countries that are supposed to be stationed there are still not ready. the military advisers that the european union wants to send will not be here until the beginning of next year. training will come some months and then come the rainy season where military operations will be very difficult so it could take another six months until military operations' move ahead. this is enough time for the islamists to dig in on their positions. >> the u.s. g
Search Results 0 to 8 of about 9 (some duplicates have been removed)